AngloAmerican Results Presentation Deck
ATTRACTIVE GREENFIELD AND BROWNFIELD OPTIONS
Long life greenfields and fast returning brownfields
Quellaveco (Copper)
Marine Namibia (Diamonds)
Woodsmith (Crop Nutrients)4
1.
2.
3.
4.
Sishen (Kumba Iron Ore)
Mogalakwena expansion (PGMS)
Collahuasi Phase 1 (Copper)
Collahuasi Phase 2 (Copper)
Moranbah-Grosvenor (Met Coal)
APPROVED
APPROVED
APPROVED
APPROVED
-2021
-2021
-2024
-2022
Capex
$2.7bn $2.8bn²
~$0.2bn³
-$3.3bn4
-$0.2bn
~$0.6bn
Volume
+180ktpa
+0.5M ctpa³
$0.3bn to $0.4bn
+10Mtpa
~$1/t5 premium
& +3 year LOM
+50ktpa
From 1
2022
2022
+4-6 Mtpa6
Returns
-4 year payback >15% IRR
Studies ongoing, expected $0.8-1.4bn capex, 0.3-0.6Moz PGMs, 2024
-3 year payback >25% IRR
2023 -6 year payback >30% IRR
Optimisation of development timeline and design ongoing
Studies underway for next stage expansion; potential up to +100ktpa from 2028
2023/4 -4 year payback >20% IRR
>50% margin
2024 3-4 year payback >30% IRR
>60% margin
>40% margin
>50% margin
>50% margin
First production.
Attributable share post syndication proceeds.
Attributable capex. 100% of production volumes.
Project capex approved prior to acquisition in March 2020, subject to optimisation of development timeline and design post acquisition. Not included in capex guidance after 2021.
5. -$1/t premium applies to -50% of volumes.
6. Initial stage of upgrade work completed in 2019, increasing capacity by ~1Mtpa, remaining capacity increase 3-5Mtpa.
Anglo American
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